Maine Statutes
§ 24-A §1129 — Special investments of title insurers
Maine § 24-A §1129
This text of Maine § 24-A §1129 (Special investments of title insurers) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 24-A, § 24-A §1129 (2026).
Text
1.A title insurer may also have invested funds in an amount not exceeding 50% of its paid-in capital stock and its surplus, in its abstract plant and equipment and in stocks of abstract companies.
2.Investments authorized under subsection 1 shall not be credited against required reserves.
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Legislative History
PL 1969, c. 132, §1 (NEW).
Nearby Sections
15
§ 24 §1
Insurance contract§ 24 §1002
Formation of corporation; guaranty fund; authority to write business; liability of policyholder§ 24 §1004
Assigned risks; reinsurance§ 24 §1008
Calls for payments; proceeds§ 24 §1012
Annual report; examinations§ 24 §1013
Filing fees§ 24 §1051
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Bluebook (online)
Maine § 24-A §1129, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A71129.